NioCorp Developments Ltd.

NioCorp Provides Preliminary Unaudited Financial Results for the Three-Month Period Ended September 30, 2026

NioCorp reported preliminary unaudited net income of $3.7 million ($0.03 basic EPS) for the quarter ended September 30, 2026, versus a $42.7 million loss a year earlier. The swing is almost entirely non-cash: roughly $8.5 million of gains on earnout shares and warrant liabilities caused by a falling share price, not operational performance. The development-stage company held $405.1 million in cash, with $6.1 million of operating and $5.9 million of investing outflows, mostly tied to the Elk Creek Critical Minerals Project and mine portal construction. Formal 10-Q filing is due on or before November 16, 2026.

•18d ago

EXIM Reiterates Target to Finance Approximately 65% of Elk Creek Project Upfront CAPEX

EXIM signed a Letter of Support reiterating its target to provide debt financing equal to approximately 65% of the upfront CAPEX for NioCorp's Elk Creek Critical Minerals Project in Nebraska. The feasibility studies issued in August and September 2026 estimate upfront CAPEX at roughly $1.85 billion, implying a potential EXIM debt package of about $1.2 billion. EXIM will continue due diligence and anticipates presenting the transaction to its Transaction Review Committee, but no final financing commitment has been made. The signing ceremony drew senior federal and state officials including Energy Secretary Chris Wright, underscoring the project's national-security framing around niobium, scandium, titanium, and magnetic rare earths.

•19d ago

NioCorp Places 100% of Its Planned Critical Minerals Production Under Commercial Sales Agreements

NioCorp has signed a binding agreement with Traxys under which Traxys will purchase 50% of planned ferroniobium output from the Elk Creek Project on a take-or-pay basis over the first 15 years of production. Combined with the existing ThyssenKrupp offtake covering the other 50%, 100% of planned production is now supported by commercial agreements for 15 years, and Traxys holds exclusive rights to all non-ferroniobium products plus a global marketing role tied to the Trump Administration's Project Vault initiative. The deal addresses a key due-diligence item in EXIM's review of NioCorp's proposed project financing, though deliveries remain subject to financing, construction, and commercial production milestones. Separately, NioCorp and Traxys continue discussing a potential Traxys equity investment of up to $30 million, which is not guaranteed and remains subject to negotiation and definitive documentation.

•21d ago

U.S. Energy Secretary Chris Wright, EXIM Chairman John Jovanovic, Nebraska Governor Jim Pillen, Senators Deb Fischer and Pete Ricketts, and Congressman Adrian Smith to Visit NioCorp's Critical Minerals Mine Site

NioCorp announced that Energy Secretary Chris Wright, EXIM Chairman John Jovanovic, Governor Jim Pillen, and three Nebraska federal lawmakers will tour the Elk Creek Critical Minerals Project site on October 14, 2026. The visit comes as EXIM reviews NioCorp's application for potential project debt financing under its Make More in America initiative, making it a visible signal of federal-level interest in the project. NioCorp plans to produce niobium, scandium, titanium, and magnetic rare earths at Elk Creek, targeting minerals where the U.S. has 100% net import reliance for several of them. No financing commitment or new financial terms were announced; the release is largely ceremonial, though the optics support the pending EXIM financing narrative.

•22d ago

Boots on the Ground. The Tungsten System That Was Never Drilled Is About to Be

The article is a paid commentary regarding Western Star Resources' commencement of a field program at the Eagle Point Tungsten Project in New Mexico. Comstock Inc. (LODE) is mentioned in the text as a regional precedent and analogue for Western Star's strategic pivot from historic mining to critical minerals and advanced materials. The piece explicitly disclaims any partnership or affiliation between Comstock and the subject company Western Star, serving primarily as a sector context piece rather than an issuer disclosure.

•2mo ago

NioCorp Project to Expand Production to 8 Made-in-USA Critical Minerals Over a 40-Year Mine Life with an Estimated $4.1 Billion Pre-Tax NPV8%

NioCorp released an updated Feasibility Study for its Elk Creek Project, projecting a 40-year mine life with a pre-tax NPV of $4.1 billion and an after-tax IRR of 22.8%. The study confirms the economic viability of producing eight critical minerals from 45.9 million tons of proven and probable reserves, targeting life-of-mine revenue of $37.4 billion and average annual EBITDA of $608 million. Completion of the study satisfies a key due diligence requirement for the U.S. Export-Import Bank, allowing the company to advance to detailed engineering and EPC contracting.

•2mo ago

Lockheed Martin and NioCorp Sign MOU

NioCorp signed a non-binding Memorandum of Understanding with Lockheed Martin for the potential purchase of up to 15 tonnes/year of scandium oxide over the next 10 years. The agreement builds on a Pentagon-funded joint development program aimed at establishing a domestic mine-to-warfighter supply chain, leveraging a $10 million award under the Defense Production Act. NioCorp plans to produce approximately 100 tonnes/year of scandium oxide from its Elk Creek Project once financing and construction are complete, with current operations utilizing market-sourced materials.

•2mo ago

China Is Closing the Door on Heavy Rare Earth Exports for Good, NioCorp CEO Warns in Fox News Op-Ed

NioCorp CEO Mark A. Smith published an op-ed in Fox News arguing that China’s export restrictions on heavy rare earths are a permanent strategic shift, not a temporary bargaining tactic. Smith warns that U.S. defense and industrial sectors face severe shortages until domestic production, such as NioCorp’s Elk Creek Project in Nebraska, comes online. The release serves as a visibility play to highlight the strategic importance of NioCorp’s scandium and rare earth assets amid geopolitical tensions, without announcing new operational milestones or financing.

•5mo ago